RWA Wealth Partners LLC Boosts Holdings in Invesco S&P 500 Momentum ETF $SPMO

RWA Wealth Partners LLC raised its position in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 86.7% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 15,754 shares of the company’s stock after acquiring an additional 7,318 shares during the period. RWA Wealth Partners LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $1,772,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in SPMO. WealthShield Partners LLC boosted its stake in shares of Invesco S&P 500 Momentum ETF by 51.2% during the 1st quarter. WealthShield Partners LLC now owns 307 shares of the company’s stock worth $28,000 after purchasing an additional 104 shares during the period. GHP Investment Advisors Inc. lifted its stake in Invesco S&P 500 Momentum ETF by 99.2% in the second quarter. GHP Investment Advisors Inc. now owns 265 shares of the company’s stock worth $30,000 after purchasing an additional 132 shares during the last quarter. Mark Sheptoff Financial Planning LLC purchased a new position in shares of Invesco S&P 500 Momentum ETF during the second quarter valued at approximately $31,000. Rossby Financial LCC boosted its position in shares of Invesco S&P 500 Momentum ETF by 237.8% during the second quarter. Rossby Financial LCC now owns 304 shares of the company’s stock valued at $34,000 after buying an additional 214 shares during the period. Finally, Tradewinds Capital Management LLC grew its stake in shares of Invesco S&P 500 Momentum ETF by 342.5% during the second quarter. Tradewinds Capital Management LLC now owns 354 shares of the company’s stock valued at $40,000 after buying an additional 274 shares during the last quarter.

Invesco S&P 500 Momentum ETF Stock Performance

Shares of NYSEARCA SPMO opened at $118.53 on Monday. Invesco S&P 500 Momentum ETF has a fifty-two week low of $78.25 and a fifty-two week high of $124.56. The company has a market cap of $12.95 billion, a price-to-earnings ratio of 29.51 and a beta of 0.98. The business’s 50 day moving average price is $120.29 and its 200-day moving average price is $113.02.

Invesco S&P 500 Momentum ETF Company Profile

The Invesco S&P 500 Momentum ETF (SPMO) is an exchange-traded fund that is based on the S&P 500 Momentum (US Dollar) index. The fund tracks an index of 100 S&P 500 components with the strongest volatility-adjusted momentum. SPMO was launched on Oct 9, 2015 and is managed by Invesco.